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They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.

Lee Iacocca

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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Stand
Oversight
Year
Loan
Night
Bureaucracy
Three
Kills
Government
Extreme
Back
Extremes
Years
Paid
Couldn

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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.
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In a completely rational society, the best of us would aspire to be teachers and the rest of us would have to settle for something less, because passing civilization along from one generation to the next ought to be the highest honor and the highest responsibility anyone could have.
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There's a billboard in a little farm town in the Midwest that says: IF YOU COMPLAIN ABOUT FARMERS, DON'T TALK WITH YOUR MOUTH FULL.
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Every little kid wants to grow up to be a cowboy, and I did.
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Mistakes are a part of life you can't avoid them. All you can hope is that they won't be too expensive and that you don't make the same mistake twice.
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I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers.
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To succeed today, you have to set priorities, decide what you stand for.
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They've got about as many lawyers as we have sumo-wrestlers.
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The ability to concentrate and to use your time well is everything if you want to succeed in business--or almost anywhere else for that matter.
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If you want to make good use of your time, you've got to know what's most important and then give it all you've got.
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In business, I loved cars. I couldn't wait to get to work in the morning. Only in America can you decide to get a good education and pursue what you like.
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MBAs know everything but understand nothing.
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The right decision is the wrong decision if it's made too late.
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The only rock I know that stays steady, the only institution I know that works, is the family.
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You've got to say, I think that if I keep working at this and want it badly enough I can have it. It's called perseverance.
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A country's competitiveness starts not on the factory floor or in the engineering lab. It starts in the classroom.
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I'm sometimes described as a flamboyant leader and a hip-shooter, a fly-by-the-seat-of-the-pants operator. But if that were true, I could never have been successful in this business.
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Business, after all, is nothing more than a bunch of human relationships.
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There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
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